Tag: #Economy
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FG LINKS DRIVER EDUCATION TO ECONOMY, SECURITY AS REFORMS INTENSIFY
The Federal Government has again stressed that effective driver education is crucial to strengthening Nigeria’s economy, improving road safety, and supporting internal security. This was the message from FCT Minister Nyesom Wike at a national workshop organised by the Federal Road Safety Corps in Abuja for driving school operators and instructors. Represented by the Permanent…
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SAUDI ENVOY, DANGOTE MOVE TO BOOST INVESTMENT TIES BETWEEN BOTH ECONOMIES
Saudi Arabia’s Ambassador to Nigeria, Yousef bin Mohammed Al-Balawi, has met with billionaire businessman Aliko Dangote to deepen economic cooperation between both countries. The meeting, held at the envoy’s residence in Abuja’s Diplomatic Quarter, focused on expanding partnerships in energy, industry, infrastructure, and investment opportunities. Al-Balawi said the engagement reflects growing Saudi–Nigeria economic relations and…
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SOLUDO APPOINTS PIONEER CEO FOR ANAMBRA INVESTMENT DRIVE
Anambra is making a bold economic move—new investment corporation, new CEO, big expectations. Gov. Chukwuma Soludo has appointed Nwabunwanne Okonkwo as the pioneer Chief Executive Officer of the Anambra State Development and Investment Corporation (ADIC), signaling a fresh push to attract investors and fund major projects. Okonkwo, a finance lawyer with over 16 years’ experience,…
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NIGERIAN BREWERIES STOCK SURGES 135% TO ₦2.33TRN AS PROFIT REBOUNDS
From red ink to strong returns — Nigerian Breweries just toasted a major turnaround on the stock market. Nigerian Breweries Plc says its market capitalisation jumped by 135% in 2025, rising from ₦991.5 billion to ₦2.33 trillion. Chairperson Juliet Anammah credited the surge to economic reforms, improved investor confidence, and stronger market conditions. She said…
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NIGERIA PUSHES $2.3TR INFRASTRUCTURE FIX, COURTS GLOBAL INVESTORS AT IMF/WORLD BANK TALKS
From power lines to highways, Nigeria is shopping big on infrastructure — and the bill is running into trillions. The Infrastructure Concession Regulatory Commission says Nigeria is ramping up efforts to close its massive infrastructure gap, estimated at $2.3 trillion between 2020 and 2043. Director-General Jobson Ewalefoh disclosed this in Washington D.C. during the IMF/World…
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NAMIBIA’S WESTAIR GROUP SLAPS FUEL SURCHARGE AS GLOBAL PRICES SPIKE
Rising global fuel costs and supply pressure are forcing airlines to adjust fares to stay afloat. Namibia’s Westair Group has introduced a fuel surcharge across its services, citing ongoing global fuel price volatility and supply disruptions affecting the aviation industry. In a statement, the company said geopolitical tensions, particularly the conflict in the Middle East,…
